Industrial Minerals


New funds for Sephaku fluorspar

14 January 2010

by Mark Watts

South African miner will divest gold and nickel assets to develop core projects

Keywords: Sephaku, fluorpar, cement, gold, nickel, Mandra Capital

South African mining group Sephaku Holdings Ltd has agreed to divest gold and nickel assets to raise R80m. ($10.8m.) in cash, which the group will use to develop its core fluorspar and cement projects.

 

The group plans...